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Gold rising, dollar shrinking
- Posted by techInvestor
on Fri 10/09/2009 6:49 PM
Jim Rogers, renowned global investor and author, says gold will go higher and the dollar is on its way out says thestreet.com With gold prices hitting new highs, physically backed ETFs like SPDR Gold Shares ( GLD Quote ) , ETFS Gold Trust...
- 0 votes | 278 views | 0 corp postings| 1 comments
The glitter is gone today, gold down nearly $50
- Posted by MyTime
on Fri 12/04/2009 9:09 AM
The price of gold took a nosedive today, you have to wonder if we are going to head down as fast as we went up the past couple of months. Gold is down $48 in the mid $1100 range. Gold is a scary investment because it makes huger...
- 0 votes | 160 views | 0 corp postings| 0 comments
Gold Prices to end 2011 Below $1,800
- Posted by Costanza
on Wed 12/21/2011 8:40 AM
The answer to the question where will gold prices go in 2011 was one of the most sought after predictions on Wall Street this year. Gold had a wild year, starting the year at $1,412 an ounce, hitting a low right out of the gate of $1,314...
- 0 votes | 59 views | 0 corp postings| 0 comments
Barrick Gold Q3 record profits
- Posted by Andymensa
on Thu 10/28/2010 5:16 AM
Barrick Gold posts record third-quarter profit of US$837 million or 84 cents per share, rising from a year-ago loss of $5.35 billion or $6.07 per share when it wound up of its gold hedging program. Gold production was ahead of targets on a...
- 0 votes | 218 views | 0 corp postings| 1 comments
Gold prices gain after Japan Quake
- Posted by Dane66
on Mon 03/14/2011 10:55 AM
Gold prices were modestly higher Monday as gold's tug-of-war took center stage. Safe haven buyers bought the metal as protection against escalating devastation in Japan but profit takers sold gold to cover losses in other assets ap...
- 0 votes | 98 views | 0 corp postings| 0 comments
New Gold shines in Q4, ups 2010 outlook
- Posted by Money_Mike
on Mon 01/25/2010 7:23 AM
New Gold dug deep in the fourth quarter to set a new annual gold production record, the company said in a note Monday. The better-than-expected results led the Vancouver-based mining company to up its 2010 outlook by between 10% to 20%,...
- 0 votes | 209 views | 0 corp postings| 1 comments
Barrick to spend 1.9 billion buying back its hedge position
- Posted by stocktrader
on Tue 09/08/2009 2:22 PM
Barrick Gold has been hampered by it's hedges on the price of gold for years. Today they announced they are going to spend $1.9 billion getting their bets that the price of gold will go lower off the books. This could be seen as a...
- 0 votes | 300 views | 0 corp postings| 1 comments
Gold breaks through $1000 an ounce
- Posted by tweeter
on Tue 09/08/2009 7:55 AM
Gold is trading at about $1005 as the US dollar goes lower and oil goes higher. Gold mining and oil stocks are all generally higher today as a result. Some analysts predict if it can stay above $1000 for several days it may move even higher.
- 0 votes | 198 views | 0 corp postings| 0 comments
